00-4 Mentel Road
Monroe, MI 48162
Land · MLS # 57050204582 · Listing courtesy of Home Time Realty
About this home
Vacant Land "“ Development Opportunity or Dream Home Site Beautiful 16.07-acre cleared parcel offering endless possibilities! Zoned agricultural, this property has not yet been split but has the potential to be divided into up to four 4 acre parcels-perfect for investors, builders, or anyone looking to create a private estate. Enjoy a peaceful setting with convenient access to the expressway, shopping, and schools-offering the ideal blend of country living and accessibility. Public water is available at the street. Septic system will be required; perc test to be completed at the buyer's expense. Survey and final zoning approval to be completed prior to closing. Sale is subject to municipal approval. Don't miss this rare opportunity to build your dream home or invest in land with future potential!
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Monroe
Over the last 90 days, 170 homes sold in Monroe for a median of $225,000, about $149 per square foot, and the typical one went under contract in 10 days. This home is listed at $74,900, and has been on the market 4 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Monroe sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,069 a year. A buyer who lives here would pay about $1,137 a year once the taxable value resets after the sale, at the 2025 homestead rate of 30.07 mills for Frenchtown Twp and Jefferson Schools Monroe Co schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Monroe
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